POS MACHINES
Empower your merchants with leading payment orchestration technology that takes their point-of-sale (POS) to the next level.
Find out more about the technology that powers POS
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POS Machines enable merchants to take payments, issue receipts and track sales. The physical hardware of a POS system that allows merchants to take payments is a vital piece of the payment puzzle, but the software that enables that device to interface with other critical systems keeps payments flowing smoothly. Help your merchants understand the POS machine options that are out there and what it means for them and their business.
What are POS machines?
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POS machines are the physical machines that a customer taps their card, phone or other payment device onto when they want to pay for goods or services when making an in-person payment.
As well as accepting payments, these machines keep a log of transactions and keep receipts. POS machines, running on more flexible modern software, can also interface with inventory, monitor buying trends and do a whole host of other things to make the lives of merchants easier.
Types of POS machines
Traditional
A traditional POS system typically includes a cash register, barcode scanner, receipt printer, and cash drawer. This setup is ideal for staff familiar with traditional systems, enabling them to quickly start taking payments and focus on other aspects of their role.
Mobile
Mobile point of sale systems (mPOS), are a portable point-of-sale device that uses a mobile network to transfer data and process payments. Because mPOS machines are very portable, they’re perfect for stores that want staff to be more mobile and hospitality environments where seamless customer service is paramount.
Handheld
These are the devices used to take payments contactlessly from cards, phones, and other devices or via chip and pin when a card is inserted or swiped. Traditionally these have to be connected to a POS terminal, these can be wireless though and be used as an mPOS, connecting to mobile data or Wifi.
Mini POS
A mini point-of-sale system is a small POS device that connects wirelessly to the wider system. Mini POS machines allow for extreme mobility for staff when carrying payment devices around a store or restaurant with them.
Merchant services
Merchant services aren’t just limited to in-store payments; they are also essential for facilitating online payments to flow effectively. Once a customer has entered their payment details into a website’s payment gateway, merchant services facilitate the transfer of funds from the customer’s bank account to the bank account of the business that operates the website.
All-In-One POS system
All-in-one POS systems build everything into one, including POS machines and the software that runs on them, so merchants don’t need to source all of the elements separately. These can be static tabletop POS machines or mobile, depending on the needs and preferences of the particular merchant.
Programs promotions
These are schemes such as sales promotions, loyalty card systems, or seasonal product focuses, designed to help merchants increase sales, order values, or customer engagement and retention levels.
Advanced Features
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For merchants who want their POS system to do more there are a host of advanced features they can take advantage of, and that our platform can help them to integrate, providing they have a POS machine in place that provides the functionality they need.
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There are a whole array of digital payment methods that merchants can take advantage of from QR codes to digital wallets. A POS machine with software built on a flexible payment orchestration platform can enable merchants to take advantage of these payment methods and improve customer engagement and experience.
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As crypto currencies gain mainstream traction, merchants are increasingly looking for POS systems that can accommodate crypto payments alongside traditional payments. This is where the ability to integrate with blockchain based technologies is a critical ability for the platform these EPOS machines operate on.
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Efficient and offering great customer convenience, EPOS machines that accept contactless payments also have the benefit of eliminating the need for customers to touch any part of the machine, reducing the opportunities for dirt or germs to spread from payment devices.
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A POS machine that runs on a system that integrates with inventory tracking and management can help merchants manage stock levels effectively and give them a real time overview of business performance, enabling them to make the best decisions possible for their stores.
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Connecting loyalty scheme systems into the software running on a merchant’s POS machine allows them to reward customers and build stronger relationships with them, building customer loyalty and building success into the merchant’s future.
Thinking about location
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Whilst POS machines around the world sometimes look similar on the outside, there can be hidden differences beneath the surface. Customers in different parts of the world pay using different technologies, regulatory differences means processing data in different ways.
Merchants might choose to bank locally, use a multi currency account or transfer payments across borders depending on the needs of their business.A POS system with software that enables seamless integrations worldwide empowers merchants for effortless international expansion and business growth. It also means compliance with common security standards such as Payment Card Industry Data Security Standard (PCI DSS), which, whilst not legally binding, is a prerequisite for operating payments systems in many territories and ensures the security of customer data.
Our global payment gateway means just that, so whether your merchant is already a global retail company or considering international payment systems for future plans we can support you as you build for them.
Making the right choice
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When a merchant is selecting a POS machine for their business, they need to understand all of the different options and what they mean to be able to make the right choice. They’ll be considering potential suppliers and asking whether the solution on offer is flexible, efficient, secure, scalable, and can match their ambitions now and in the future.
In today’s digital world, connectivity, flexibility and choice are key. Merchants need to be enabled to treat in-person and digital payments in exactly the same way, allowing their customers to benefit from a unified commerce experience. It’s important that this doesn’t involve merchants being tied into any walled gardens and can connect to their partners of choice, expand beyond existing channels and regions and be free from the limitations of a physical device.
At Aevi, our platform is hardware agnostic, so whether a merchant is looking to add new functionality to their existing POS machine, looking for a payment solution that can get their SMB off the ground or a bespoke option that will integrate with their wider technology stack, we can support you and them on the journey to seamless payments.
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Ready to elevate your POS machines?
Make sure your POS machines are built on a firm foundation and offer the speed, efficiency, and easy integrations that your merchants need to thrive. Whether they’re looking to upgrade their existing payments estate or implement new POS machines that are going to take them to the next level, choose Aevi for a solution adapted to your needs.
Fill out the form, and let’s discuss how we can help you transform payment experiences!
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